He previously held several senior roles at Aon including CEO, South...
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Year begins with warmest January despite shift towards cooling La Nina
"The fact that we're still seeing record temperatures outside of...
Australia bans DeepSeek AI services from all government systems and devices
Home Affairs Minister Tony Burke said in a statement Tuesday that...
Money laundering, terror financing biggest risks of crypto: Sitharaman
India's finance minister Nirmala Sitharaman "If I use 2019 data, the digital adoption rate in India is about 85 per cent. But globally that same year it was only somewhere near 64 per cent. So the pandemic time actually helped us to test and prove for ourselves that...
Over 70% of Africa’s economies at risk from Russia’s war in Ukraine: UN report
Preliminary analysis suggests that as many as 1.7 billion people in 107 economies are exposed to at least one of the three risks highlighted by the Global Crisis Response Group "The war is supercharging a three-dimensional crisis – food, energy and finance – that is...
Global investors flee China fearing that risks eclipse rewards
Some international investors are finding an aggressive allocation to China increasingly unpalatable. Outflows from the country’s stocks, bonds and mutual funds accelerated after Russia’s invasion of Ukraine, while Norway’s $1.3 trillion sovereign wealth fund has...
China unlikely to achieve GDP targets due to COVID-19 crisis
Experts from 12 financial institutions polled a French-based media forecast a GDP growth of 5.0 pc for the full year. They expect a figure of 4.3pc for the first quarter, just above the 4.0pc recorded in the three months prior, as per the media outlet It is not just...
China Eastern restarts flights using Boeing 737-800 after March crash – data
On March 21, Flight MU5735, which was en route from Kunming to Guangzhou, crashed in the mountains of Guangxi and killed 123 passengers and nine crew members in mainland China’s deadliest aviation disaster in 28 years The cause of the disaster, China's deadliest plane...
Mysterious liver illness seen in kids in US, Europe
“Given the increase in cases reported over the past one month and enhanced case search activities, more cases are likely to be reported in the coming days,” WHO officials said in a statement. The U.S. children ranged in age from 1 to 6 years old, and two required...
Cyclones in Africa exacerbated by climate change: Study
“While our analysis clearly shows that climate change made the storms more damaging, our ability to establish precisely by how much was hampered by inconsistent data and lack of weather observations. This would also help to improve forecasts of extreme weather events...
Swiss Re chairman re-elected despite proxy adviser raising concerns about diversity
Sergio Ermotti, chairman, Swiss Re ISS recommended shareholders oppose the reappointment of Ermotti as a “signal of concern” over the lack of gender diversity on the reinsurer’s board. Ermotti told shareholders in a webcast that “abilities and experience” are also...
Oil traders to cut Russian oil purchases from May 15
Energy trading firms face compliance and reputational risks from the current raft of Western sanctions. They have to examine closely which entities they can pay as well as their employees' nationalities. Also, the lack of an outright ban complicates ending existing...
Windows under attack from Chinese threat actors: Microsoft
"As Microsoft continues to track the high-priority state-sponsored threat actor HAFNIUM, new activity has been uncovered that leverages unpatched zero-day vulnerabilities as initial vectors," the company said in a blogpost. San Francisco: Tech giant Microsoft has...